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Originally Posted by johnnyloadproductions
I'm of course there is just some speculation here.
But paypal would never want mainstream news agencies to ever catch win to just how much money they are making off of these file lockers. Granted it's still probably not there largest source but I'd venture to say if you completely cut paypal out of the file locker industry it's a good 5% of they're income or possibly more. They do roughly $3-4 billion in sales.
I wouldn't be surprised if they total $50-100 million a year from the file lockers globally. I'm keeping things conservative. Keep in mind they had accounts for rapidshare, depositfiles, filesonic, letitbit, fileserve, megaupload, and countless others.
PR is more important in this case then having a full blown case of damage control on your hands. You can only pass the buck so much when the total truth comes out.
The problem is only a few people know the intricacies of how these online businesses work.
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The figures for megaupload were upwards of 100million weren't they?
I'd say it would be a hell of a lot more than $100 million.